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Acquire A Premier Jewellery Lifestyle And Gift Store For Sale

Hillcrest, KwaZulu - Natal, South Africa
Asking Price:
R950,000 Furniture / Fixtures included
Sales Revenue:
R1,806,139
Cash Flow:
R465,512

High-Margin, Staff-Run Investment | R 1.8M Turnover | 62% GP

Discover a retail sanctuary where quality meets quiet sophistication. Located in the heart of the prestigious Hillcrest/Kloof hub, this premier lifestyle boutique is the definitive destination for discerning shoppers. Offering an exquisite, handpicked collection of contemporary jewellery, unique home décor, and elegant gifts, the business is built on a foundation of excellence and a deeply loyal local clientele.

The Investment Highlights:

Exceptional Profitability: Boasting a consistent 62% Gross Profit margin and a robust R 1.8 Million annual turnover.

True Lifestyle Operations: Currently optimized for a combined owner involvement of just 29 hours per week, offering an enviable work-life balance.

Operational Independence: A dedicated, permanent staff member and casual weekend support handle 100% of daily sales, cash-ups, and opening/closing protocols.

Prime High-Traffic Site: Situated in a high-visibility Growthpoint-managed location with organic foot traffic and zero client concentration risk.

Turn-Key Technology: Fully integrated with Sage Online and a cloud-based POS system, providing sophisticated data insights and effortless inventory control.

This is a "pure retail" model, free from the complexities of manufacturing.

The business currently succeeds almost entirely on reputation and its premium location. A significant opportunity exists for a new owner to scale the R 1.8M turnover by activating a dedicated e-commerce platform and implementing a modern social media marketing strategy.

Structure:

Sale of a Going Concern (0% VAT rated).

Financials:

Clean, transparent Sage Online records and full asset register available to qualified buyers.

Asking Price: R 950 000 (Excludes Stock).

Stock Value: +/- R 600 000.

Property Information

Real Estate:

Lease

Lease Terms:

3 Years initially. There are 21 months left on current lease but new owner would need to be approved to sign a new lease.

Leasehold Rent:

R335,775 per annum

Lease Rent:
R430 per sq ft per annum
Location:

Prime Shopping Centre located in Upper Highway Area.

Premises Details:

The mall offers a variety of stores including supermarkets, fashion, food, health and beauty, and services.

Size in square feet:
780

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

eCommerce and Corporate Gifting

Competition / Market:

Very little competition within the surrounding areas due to the carefully curated nature of our offering and exclusive agreements with suppliers.

Reasons for selling:

The business is a proven success, well-structured, and consistently profitable. The decision to sell is driven solely by a planned, strategic shift in the ownership group's long-term personal and investment focus.

We have built a robust foundation and the business is now perfectly positioned for accelerated growth and market expansion. However, due to significant external commitments, we are unable to dedicate the necessary full-time operational leadership to execute the next phase of expansion.

This creates a premium, turnkey opportunity for a motivated, hands-on owner-operator to step in and immediately capitalise on the considerable untapped potential we've prepared for them.

Trading hours:

Mon to Fri 09h00 to 18h00
Sat 09h00 to 17h00
Sun 09h00 to 16h00

Employees:
2
Years established:
34

Other Information

Support & training:

We will offer full support and training for 1 month.
Private Finance Available.

Furniture / Fixtures value:
R115,000 - included in the asking price
Inventory / Stock value:
R600,000